The S\&P 500 index is currently at 2.500. You manage a $20 miliion indexed equity portfolio. The S\&P 500 futures contract has a mistilipler or $50 a. If you are temporanily bearish on the slock marlcet, how many contracts should you sell to fully eliminate your exposure over the next sox.montho? b. If T.buils pay 1.2% per six months and the semlannual dividend yleid is 1.6%, what is the parity value of the futures price? (Do not round intermediate calculations. Round your answer to 2 decimal places.)